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Home ON Greater London London Argyle
625-627 THIRD STREET S
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625-627 THIRD STREET S $3,750,000
$3,750,000
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625-627 THIRD STREET S
London, Ontario N5V2C1

MLS® Number: X8481578
16
Bathrooms
24600
Square Feet

Listing Description

8 unit 56 Bed student rental steps to Fanshawe College. Built in 1996. $69,642/Bed. Buildings in excellent condition. Gross Income $415,584. Aprox. 8.0% cap rate. Hydro paid by owner. Clean environmental 2014. With the infux of students coming to Ontario the properties rent roll will continue to grow. Current owners sign 1 year lease with each student. Coin operated Laundry in each suite. (35577617)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
24600 sqft
Land Size
60 x 150 FT
Annual Property Taxes
$21,728
Total Parking Spaces
20
Time on REALTOR.ca
9 days

Building

Bathrooms
Total
16
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
20

Measurements

Square Footage
24600 sqft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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